Global Flour Market Trends Insights 2024-2030

Global Flour Market is projected to reach a value of US$ 227.01 billion by 2030, rising from US$ 166.59 billion in 2023, with a compound annual growth rate (CAGR) of 4.52% from 2024 to 2030. This growth is driven by increasing demand for baked goods, rising consumption of processed foods, and expanding applications in various industries.

The surge in world populations and the increasing demand for food propel the global flour market. Flour is integral in making bread, a critical staple food in numerous Asian, European, African, and American countries. Further, the growth of the flour market is propelled by the fitness benefits of wheat flour, which include decreasing cholesterol levels, boosting metabolism, and addressing weight-associated concerns.